¹Percentages have been rounded to the nearest whole number and may not add up to 100 percent
*Less than one percent of accepted internships.

Monthly Salaries1 - by Industry, Summer Interns, Class of 20172

Industry

Percent(%)3

Low($)

High($)

Average($)

Median($)

Consulting

24.5%

2,800

15,000

10,881

12,000

Consumer Products

12.5%

1,900

8,583

6,674

6,923

Apparel/Textiles

1.8%

3,000

6,681

5,787

6,000

Electronics

0.4%

*

*

*

*

Food and Beverage

6.4%

4,000

8,583

7,135

7,200

Household/Personal

3.5%

1,900

8,000

6,185

7,082

Luxury Goods

0.4%

*

*

*

*

Financial Services

15.1%

2,000

15,000

8,788

10,400

Commercial Banking

0.2%

*

*

*

*

Diversified Financial Services

1.8%

2,500

10,416

7,271

7,692

General

0.4%

*

*

*

*

Insurance

0.2%

*

*

*

*

Investment Banking/Brokerage

8.5%

5,208

15,000

10,579

10,416

Investment Management

1.0%

3,200

12,500

6,207

4,333

Private Equity

2.2%

3,500

11,000

6,588

6,250

Venture Capital

0.4%

*

*

*

*

Other

0.4%

*

*

*

*

Government

0.2%

*

*

*

*

Health Care Products and Services

7.8%

2,000

10,000

6,528

7,200

Biotechnology

0.2%

*

*

*

*

General

1.6%

6,400

8,000

7,111

7,000

Medical Devices

1.4%

2,000

8,333

5,965

7,040

Pharmaceutical Manufacturers

0.8%

6,000

8,333

7,112

7,058

Pharmaceutical Other

2.0%

5,000

10,000

7,410

7,550

Providers & Services

1.4%

2,000

10,000

5,312

4,000

Other

0.4%

*

*

*

*

Manufacturing

4.0%

4,800

9,700

7,718

8,000

Aerospace/Aviation/Defense

0.2%

*

*

*

*

Automotive

0.6%

*

*

*

*

Chemicals

0.4%

*

*

*

*

General

1.2%

6,500

8,800

8,217

8,500

Heavy Equipment

0.6%

*

*

*

*

Packaging

0.4%

*

*

*

*

Other

0.6%

*

*

*

*

Media/Entertainment

1.6%

1,085

7,200

4,701

5,500

Entertainment/Leisure/Recreation

1.0%

1,920

7,000

4,973

6,000

General

0.2%

*

*

*

*

Radio/TV/Cable/Film

0.4%

*

*

*

*

Nonprofit

1.8%

1,000

4,000

2,200

2,250

Other

4.6%

600

9,000

4,524

5,000

Advertising/Marketing Services

0.2%

*

*

*

*

Agribusiness

0.2%

*

*

*

*

Economic Development/Microfinance

0.4%

*

*

*

*

Education (For Profit)

0.6%

*

*

*

*

Environmental Services & Sustainability

0.2%

*

*

*

*

Hospitality/Tourism

1.0%

600

6,900

4,220

4,000

Human Resources/Recruitment

0.2%

*

*

*

*

Law/Legal Services

0.4%

*

*

*

*

Sports & Sports Management

1.4%

2,500

5,120

3,968

4,125

Petroleum/Energy

0.4%

*

*

*

*

Real Estate

1.8%

2,000

8,000

5,350

6,000

Commercial

1.2%

3,200

8,000

5,758

6,300

Residential

0.2%

*

*

*

*

Services

0.4%

*

*

*

*

Retail

3.0%

1,680

10,000

6,656

7,000

Technology

21.4%

1,200

12,000

7,195

8,000

Equipment/Hardware/Networking

3.5%

2,500

10,000

8,065

9,166

General

3.2%

1,818

8,500

6,488

7,444

Internet Services/E-Commerce

8.7%

2,000

10,000

7,173

8,000

Multimedia Products & Services

0.6%

*

*

*

*

Software

4.4%

1,200

10,000

7,066

7,840

Telecommunications Services

0.8%

4,000

10,000

7,020

7,040

Other

0.2%

*

*

*

*

Transportation & Logistics Services

1.2%

6,400

8,000

6,690

6,413

1 One percent of students reported accepting an unpaid summer internship.2 Data for sponsored students reporting summer internship details is included in this table.3 Three students reported accepting multiple internships.
* Reporting numbers insufficient to provide salary data.

Major Functions Chosen by Summer Interns 2012-2016

Percent of Acceptances¹

Function

2016

2015

2014

2013

2012

Consulting

28%

26%

25%

24%

28%

Finance/Accounting

16%

17%

18%

16%

19%

General Management

4%

3%

4%

6%

3%

Human Resources

1%

1%

1%

1%

*

Information Technology

5%

6%

4%

3%

1%

Marketing/Sales

23%

26%

27%

26%

24%

Operations/Production

2%

3%

2%

2%

2%

Other

13%

11%

13%

14%

16%

Strategic Planning

8%

8%

6%

8%

8%

¹Percentages have been rounded to the nearest whole number and may not add up to 100 percent
*Less than 1 percent of accepted internships

Monthly Salaries1 - by Function, Summer Interns, Class of 20172

Function

Percent(%)3

Low($)

High($)

Average($)

Median($)

Consulting

28.2%

1,000

15,000

10,260

12,000

Finance/Accounting

15.5%

2,000

15,000

8,667

10,000

Analyst/Research

1.0%

4,000

10,500

6,167

4,333

Corporate Finance

1.6%

2,000

8,000

6,336

6,750

General

1.2%

5,600

8,000

6,787

6,560

Investment Banking

7.1%

5,208

15,000

10,497

10,416

Investment Management

1.4%

3,200

11,000

6,189

4,620

Mergers & Acquisitions

1.6%

3,800

12,500

8,458

9,000

Private Client Services/Wealth Management

0.6%

*

*

*

*

Other

1.0%

2,500

12,500

7,883

7,300

General Management

4.4%

2,000

9,700

7,264

8,000

General Management

1.8%

2,000

9,700

7,294

8,000

Project Management

1.2%

3,200

8,800

6,840

7,520

Rotational/Development Program

0.8%

6,116

8,100

6,971

6,834

Plant/Facility Management

0.2%

*

*

*

*

Other

0.4%

*

*

*

*

Human Resources

0.8%

1,200

8,750

6,211

7,446

Information Technology

5.0%

3,333

10,000

7,682

8,000

Business Analysis and Design

1.4%

4,000

8,583

7,169

8,000

E-Commerce/Internet/Web Site Management

0.8%

4,333

9,533

7,767

8,600

General

2.8%

3,333

10,000

7,914

8,000

Marketing/Sales

23.1%

1,085

9,533

6,640

7,200

Buyer/Merchandising

0.4%

*

*

*

*

Brand/Product Management

13.3%

1,818

9,533

6,826

7,200

General

6.8%

1,900

9,460

6,578

7,344

Market Research

0.4%

*

*

*

*

Product Development

1.0%

1,920

8,500

6,072

6,500

Sales

0.4%

*

*

*

*

Other

0.8%

1,085

7,000

4,334

4,625

Operations/Logistics

2.0%

2,000

9,530

6,705

7,341

Operations/Production

1.2%

2,000

9,240

6,607

8,000

Purchasing

0.4%

*

*

*

*

Supply Chain/Logistics

0.4%

*

*

*

*

Other

13.3%

750

12,500

6,172

7,366

Business Development

5.5%

1,680

12,000

6,514

7,200

Corporate Development

0.4%

*

*

*

*

Data Analytics

1.2%

5,000

8,800

6,222

5,767

Economic Analysis/Research

0.2%

*

*

*

*

Entrepreneurship

1.6%

1,000

8,000

4,525

4,100

Health Care/Medical Professional

0.4%

*

*

*

*

Real Estate

1.6%

3,200

12,500

6,631

6,300

Research & Development

0.2%

*

*

*

*

Other

2.2%

4,000

9,600

6,934

7,366

Strategic Planning

7.7%

600

11,600

6,750

7,200

1 One percent of students reported accepting an unpaid summer internship.2 Data for sponsored students reporting summer internship details is included in this table.3 Three students reported accepting multiple internships.
* Reporting numbers insufficient to provide salary data.

Please note that the 2014, 2015 and 2016 Employment Reports only include data from the 1Y, MMM and 2Y programs. This differs from previous years’ employment reports, which included data from the 1Y, MMM, 2Y, JDMBA, MDMBA, PT OCR and Sponsored populations. As a result, benchmarking these more recent reports against previous reports is not advised.